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hello all,
my name is ste and this is strategy for trade on GBP/JPY
which indicator setting like that :
Trading system :
Time frame H1
Open Buy :
IF LWMA 2 Until 8 close cross up to SMA 35 high with new candlestick, and dont open position Cross SMA 35 high only LWMA 2 Until 7, make sure that all LWMA 2 until 8 cross up to SMA 35 high, Because if not all LWMA cross up to SMA 35 high, it will be reversal.
Open sell
IF LWMA 2 Until 8 close cross Down to SMA 35 low with new candlestick, and dont open position Cross SMA 35 low only LWMA 2 Until 7, make sure that all LWMA 2 until 8 cross up to SMA 35 low, Because if not all LWMA cross up to SMA 35 low, it will be reversal.
Take Profit and Stop lose
Take profit, if have stong trend that we can set 100 pips, tbut if there not have a stong trend, so make target Take profit only 50-60 pips only.
HoW to make sure that have s stong trend ? so we can see pair GBP/USD and USD/JPY for Time Frame 1 H, which candlestick GBP/USD and USD/JPY run together,
I also include the picture and help me please help to develope my strategy with expert advisors.
Regards
rainblue